Latest / Exchange Invest / 358 Exchange Invest Weekly Podcast August 15th, 2026
Transcript
- 0:00Speaker A: This week in the parish of bourses and market structure. Merband jse growing tay say stuns it's miller time. Sgx seeks understanding and nasdaq surveys kalshi my name is patrick elian. Welcome to the sports business weekly digest. It's the exchange invest weekly podcast, episode 358. Foreign. Ladies and gentlemen, this is a very brief reduction of highlights amongst the key headlines from the weekend Market Structure. All the analysis of the many events and happenings from the past seven days can be found in Exchange Invest Daily subscriber newsletter. The unique guide to the Board's business. Send daily to your inbox. More details@exchangeinvest.com over in Bit Carnage how about Never with a hat tip 2 perhaps the greatest cartoon of the New Yorker in history, Views have been differing on the future of the Clarity Bill. The media seem to think that it might happen. We maintain a dead on arrival rating and indeed therefore a high bout never in terms of it passing with the Senate having wrapped up already and various Trump priorities ahead of the Clarity act anyway for the pre election period in September September if you enjoyed this excerpt, you may be interested to know you can read Bitcoinage every day in Exchange Invest. Alternatively, if you want to follow Bitcoinage Daily update on happenings in the world of crypto and digital assets, you can find Bitcoinage as a subscriber standalone on Substack in the top news of the week in the world of exchanges, ADNOC announced an update to their crude pricing methodology. In essence, the market has been merbanned. It took ICE a remarkable 500 for four days to build the exchange. ICE Futures Abu Dhabi during that FAUCI engineered pandemic to boot and it took barely a sentence from ADNOC to kill the core product. Unlocking the ADNOC decision is probably beyond our specialty, but it does seem, to put it mildly, be a little aloof from reality. At the same time, ICE has a Dubai contract which is steaming along and would absorb the hit from the Mirban.
- 2:14Speaker B: Thanks for listening to Exchange Invest Weekly. We welcome your feedback. You can contact me directly patrickrivativesvision.com with any comments. Meanwhile, if you enjoyed this show we would welcome you giving us a thumbs up. Or if you have time, a positive review will always be welcome wherever you
- 2:31Speaker A: find this podcast in Singapore, SGX seeks understanding despite long having lacked a clear ability to deliver a media narrative, let alone greater competition. While there's an excellent upgrade for Kalshi users, the prediction markets are deploying NASDAQ'S state of the art surveillance systems. Elsewhere in the very, very zany world of prediction markets, there have been all sorts of upheavals in New York, legal action and so forth. Governor Ho of New York State and Attorney General James have announced that New York has sued Calchee, provoking an emergency reaction from the CFTC amongst others. In the Philippines, veteran PSE directors are taking the SEC to court over their term rules. An interesting battle between a former PSE boss not running the psec. So in other words, from the stock exchange, so the stock securities exchange. And that is leading to a cautery of board members being very aggrieved about the fact they can't stay on the PSE board. Apparently NSE in Nairobi is going to be relocating its headquarters to the GTC office tower. We gave you a heads up on that some 500 issues ago in Exchange Invest and Hong Kong's IPO fundraising Not to be laughed at this quarter, even though NASDAQ has had a incredible time of course for thanks to the basics IPO we have over the course of seven months actually beyond a quarter, Hong Kong's IPO fundraising have soared some 154%. Then there was some fascinating research from India. Regional stock exchange trading had dried up even before Sebi pushed for the exit of the regional exchanges. Was it poor management or centralization about a simply unbeatable Mumbai? The answer may be coming soon. If Kolkata relaunches, we'll have another opportunity to see what's what. It was a busy week for results in the parish. All the details were an Exchange Invest Daily. The newsletter no person can afford to be without capital market to market structure. For the sake of this podcast some edited highlights Miami Exchange Stunning numbers net revenue up 35% EBITDA up 57% quite excellent altogether. Wish everybody else had had the same sorts of numbers. All the results were in Exchange Invest daily during the course of the last week. Sign up now@exchangeinvest.com New Markets Interesting news Options Exchange Group planning to enter the US listed options market as an exchange operator. Former Dash management looking to engineer a new ground up tech platform to compete in the frenzy of competition and growth which is us single name options trading over in deals. Not so busy but one interesting closure. CBOE completed their sale of CIBO Australia to Canada's TMX Group. Meanwhile if you fancy some financial insights with moving pictures, check out Our livestream Tuesdays 5 o' clock London time, midday New York time at CIP over week the W Elite live show catch the back episodes on LinkedIn and YouTube IPO fit. And don't forget, of course IPO vid is paid for thanks to the largesse of Exchange Invest Exchange investors in our seven day a week platform. You can subscribe free of charge to the weekend on Saturdays and Sundays or you can subscribe for the watercolor of the boys business, the Exchange of Information, which is our subscriber product that pays for all of these ancillary activities. Sign up for either or both including a free seven day trial to the subscriber daily at exchangeinvest.com our book of the Week this week the Middle Class Millionaire the Rise of the New Rich and How They Are Changing America by Russ Allen Price and Lewis Schiff examines a far reaching impact of the middle class millionaires, people who enjoy a net worth ranging from 1 to $10 million and have earned rather than inherited their wealth. Product News Lots of exciting things. Bombay Stock Exchange BSE launched their closing auction sessions. The market stayed stable on day one, although there were some worries about a degree of volatility. The SEC of Pakistan has formed a working group to develop the corporate debt market, Future Sports and the NHL have announced an exclusive partnership to create broad based indexes around hockey and the NSE indices have launched a nifty India Defense Equal weight index. Technology News Worrying event in Brazil, B3 had an outage hitting the stock exchange at a crucial moment, particularly as competition is growing there. While a fascinating tech ramp up by new JSC CEO Faldin Reddy. The Javas web stock exchange has tripled its software spend in a push for a more digital marketplace. Fabulous news Leads in career paths we mentioned at the top of the show today it's Miller time. The new chairman of the regulator of New Zealand, the FMA is James Miller. Magnificent news. The man who brought NZX from torpor into the future will now go to the regulator which has had its share of scandals in recent times. Bravo New Zealand. Great news altogether. Really delighted to see James Miller back in the parish. VCAF goal. Meanwhile congratulations to him. He's taking over from Aaron Rast as MD and CEO of ncdex, the national commodity Derivatives Exchange of India at the crucial moment when NCDEX is looking to expand into equity and exchange traded equity derivatives markets as well as reinvigorating its commodity base Iron Rast is had a great legacy. All the very very best to big House Go. And don't forget ladies and gentlemen, outgoing NCDEX CEO Aaron Rast will be speaking at the AFM Trend Conference in palette on Malta November 12th and 13th, which we are hosting. Reserve your place online at the AFM website right now or drop by exchangeinvest.com to find the appropriate link to sign up. Finally, at eex, Tobias Paulin has assumed the role of CEO. That means that he's taking over from the Epic, probably the best German manager we've seen in the parish of exchanges ever. Peter Wright, who departs EEX having built a true global powerhouse. Meanwhile, well, it's not just in big world but throughout the world in general. Actually, ladies and gentlemen, a zero shock headline is an understatement for this one from Bloomberg this week. People trust AI more than politicians to speak the truth. And on that mysterious and magnificent note, thank you for listening to this EI weekly podcast number 358. Join us daily vi.com or if you have a new exchange you'd like build, get in touch. My name is Patrick G. I'm going to wish you a great week in life and markets. Foreign.
- 9:02Speaker B: This show relates to the business of bourses. It is not to be construed as investment advice, nor are we making any investment recommendations. Please consult an investment advisor before you make any investments. And for goodness sake, do your due diligence and do not make investments without complying with the regulations in your home state. Exchange Invest cannot be held responsible for any investment decisions made as a result of our program, which is for entertainment purposes only. The material herein is copyright Patrick L. Young at the date of publication, while our music and sound effects are sourced from copyright free sources. Thanks for listening to Exchange Invest Weekly. The exchange of information.